Urgent - Please help I need immediate advice

Paying for College
1

<p>My D is attending her 2nd yr at PSU and I was in the midst of finalizing the private loan when the bank just told me that they had denied my application due to the fact of my debt to income ratio was 50%. I’ve co-signed her first loan which appears on my credit report.</p>

<p>Has anyone experience this problem? and if so, how did you resolve this? Tuition is due in 2 weeks. </p>

<p>Please help with a solution. I believe that at this point it doesn’t matter where I apply, they will all say the same thing.</p>

<p>How can I possibly take out the loans when they are adding this amount to what I’m owing. I dont understand this at all…</p>

<p>Any and all advice will be very appreciated.</p>

<p>Thanks,
Judy</p>

2

<p>Did you take out a parent plus loan?
If you filed a FAFSA, you should be able to get that easier than a private loan. I would call the school to see if they can certify a Parent PLus loan.</p>